September unemployment is 9.8 percent

Great job ruining the thread.

HAHAHA...then what would you catagorize it as? :doh:

Unemployment rate IS POLITICAL people. WOW...to even suggest otherwise is well, blind.

Economics and politics are not one in the same. Ever take an economics course?

How is Bush " mostly " responsible for the " mess " we are in ? Clinton Admin. pass the Subprime / CRA's and eliminated the Glass Steagal Act . The Clinton admin . ran our banks and Financial Intstitutions as well as Fannie Mae Barney Frank's Fannie and Freddie Muddle - Sam Dealey (usnews.com) (http://www.usnews.com/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle.html) ...Robert Rubin’s Days Are Numbered | Hennessy's View (http://hennessysview.com/2008/09/15/franklin-raines-criminal-enterprise-and-barack-obama-his-accomplice/....http://en.wikipedia.org/wiki/Robert_Rubin) ....http://iusbvision.wordpress.com/2008/09/30/obama-sued-citibank-under-cra-to-force-it-to-make-bad-loans/....http://seattletimes.nwsource.com/html/businesstechnology/2004358433_webraines18.html ...Countrywide's Many 'Friends' - News Markets - Portfolio.com (http://www.portfolio.com/news-markets/top-5/2008/06/12/Countrywide-Loan-Scandal/). Bush , Republicans could have done better on spending , but lets not ignore the fact that our banks , Fannie -Freddie , Senate and House Finance Commities were run by Frank-Dodd . See video of Fannie Mae CEO D. Mudd w/ Obama on YouTube . Much of the blame goes to Washington , on both sides of the isle , but the Dems need to stop this garabage of " giving " things away as if people are entitled to what they will not work for and earn .

So at what point do we declare that the stimulas bill didn't work or do we just keep waiting until things to turn around to declare its was a sucess?
Do you think an 89,000 car , not built in the USA will help " stimulate " our economy ? Looks like it will help Mr. Al Gore Gore-Backed Car Firm Gets Large U.S. Loan [Finland that will sell for about $89,000....] (http://www.freerepublic.com/focus/f-news/2347678/posts)

HAHAHA...then what would you catagorize it as? :doh:

Unemployment rate IS POLITICAL people. WOW...to even suggest otherwise is well, blind.

For someone who supposedly has an MBA, you have a really poor understanding of economics. The President of the US and the public policy he sets has very little impact on the unemployment rate.

Since you're a fan of analogies, Obama trying to stem the surge in unemployment is akin to building a dyke out of bricks to keep out a 90-foot tsunami.

The stimulus at most could swing unemployment by half a %, and that's IF it's fully successful. But to blame the 9.8% on Obama or the stimulus is ludicrous and reeks of failure to understand economics.

Economics and politics are not one in the same. Ever take an economics course?

Agreed. Someone tell our elected officials.

There is no real way of slicing that to make it better, the current administration is failing plain and simple.


The current administration has "failed" us by not being able to undo the work of eight years of buffoons in a mere 9 months. The GOP is almost totally to blame for this by the deregulation of the banks. Yes, a down turn was bound to happen, but it was made much worse by the shading bussiness practices that were allowed.

This economy is living proof that it is a lot easier to screw something up than it is to fix it.


However the truth is the government does not control the economy. Politicians take too much blame when it goes south and far too much credit when it turns around.

The current administration has "failed" us by not being able to undo the work of eight years of buffoons in a mere 9 months. The GOP is almost totally to blame for this by the deregulation of the banks. Yes, a down turn was bound to happen, but it was made much worse by the shading bussiness practices that were allowed.

This economy is living proof that it is a lot easier to screw something up than it is to fix it.


However the truth is the government does not control the economy. Politicians take too much blame when it goes south and far too much credit when it turns around.
Who refused to deregulate the banks ? YouTube - Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis ... your banks were run by , R. Rubin , F. Raines of the clinton admin . Frank<D> and Dodd < D> were the chairmen of the Senate & Congressional finance/banking commities . Countrywide Financial / Fannie Mae were putting money into the Dems in return got subprime and CRA's ... OpenSecrets | Update: Fannie Mae and Freddie Mac Invest in Lawmakers - Capital Eye (http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html) hard to lay blame on GWB for what happen in the 1990's ..http://seattletimes.nwsource.com/html/businesstechnology/2004358433_webraines18.html...http://en.wikipedia.org/wiki/Barney_Frank

For someone who supposedly has an MBA, you have a really poor understanding of economics. The President of the US and the public policy he sets has very little impact on the unemployment rate.

Since you're a fan of analogies, Obama trying to stem the surge in unemployment is akin to building a dyke out of bricks to keep out a 90-foot tsunami.

The stimulus at most could swing unemployment by half a %, and that's IF it's fully successful. But to blame the 9.8% on Obama or the stimulus is ludicrous and reeks of failure to understand economics.
So $800 billion for at most a half % unemployment rate drop? That was a good way to spend that money. :doh:

So $800 billion for at most a half % unemployment rate drop? That was a good way to spend that money. :doh:
It looks more like the 800 billion is being used to pay off suporters more then anything else.